Oh this isn't just small thing. They are a subsidiary of CJ E&M and have also bought out a bunch of other agencies including LBHs private label and Gong Yoo's agency. This is the start of complete monopoly. People complain about Big3 but they have no idea the power that CJ E&M has.

dont forget kakao M beside owning kpop agencies like starships (monstax, kwill, cosmic girls, etc) & plan A (apink, victon, huh gak) also owns other actors agency called king kong (Kim Jiwon, Lee Dong-wook, Yoo Yeon-seok, Kwang-soo)
plus they're asociated with melon streaming and the kpop biggest distribution company, 1theK ...


little by little they are taking not only kpop but korean entertaiment in general lol

Edited at 2019-01-03 12:42 am (UTC)